2012.05.23 Complaint Transcend v. Simonsen
2012 01 12 Krohne Capital v Simonsen
Simonsen was, according to Demasi, Tony Demasi's partner. Simonsen denied this and testified under oath that Demasi was simply leasing a software program to trade derivatives from Simonsen.
That became the center piece of Tony Demasi's argument when he plead guilty to a number of fraud related charges. Demasi claimed that he and Simonsen sold Simonsen's software system to a Chicago hedge fund and that he was entitled to a piece of those profits, estimated to be near 100 million dollars.
Simonsen claimed that Demasi wasn't Simonsen's partner and eventually a judge in Montana ruled in Simonsen's favor.
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11 comments:
Rumor is that these are the smaller suits pending against Simonsen.....
Rumor is that a forth lawsuit is about to filed against Simonsen in NY.....
No longer a rumor....4 lawsuits against Simonsen. Claims over 30mm...the walls are closing in on a very bad guy.
No longer a rumor....4 lawsuits against Simonsen. Claims over 30mm...the walls are closing in on a very bad guy.
What or where is proof of new lawsuits.
Obviously proof of 2 of the lawsuits are above. cuious about the other 2.
Rumor is Simonsen is filing bankruptcy with the biggest suit against him (in Illinois) coming to a head. No hiding from fraud....
Let us know when bankruptcy is official
Rumor is Simonsen is in contempt and Judge has issued rulings against him. The walls continue to close in...guess he can't hide in his basement anymore.
In which case have rulings been insued?
Heared default judgement issued in Illinois....big $$$.
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